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alex41 [277]
3 years ago
7

On January 1, 20X1, Wade Crimbring, Inc., a dealer in used manufacturing equipment, sold a CNC milling machine to Fletcher Bros.

, a new business that plans to fabricate utility trailers. To conserve cash, Fletcher paid for the machine by issuing a $200,000 note, payable in five years. Interest at 5% is payable annually with the first payment due on December 31, 20X1. The going rate for loans of this type is 10%.
Use the PV of 1, PVAD of 1, and PVOA of 1 tables where appropriate. (Use the appropriate factor(s) from the tables provided.)
Business
1 answer:
Usimov [2.4K]3 years ago
5 0

Answer:

ummmmmm

Explanation:

ummmmmmjdhdhdhhdhrjrjrrj

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